Abuja (WorldStage Newsonline)-- The Nigeria’s presidency on Wednesday refuted the story making the rounds that it purchased 200 cars for the African First Ladies Summit which will formally opens in Abuja on Thursday.

Reacting to a national newspaper on Wednesday reported that the Federal Government has purchased 200 new “exotic” cars for the African First Ladies Summit, the media aide to the president, Dr. Reuben Abati, said the cars were offered to the African First Ladies Peace Mission (AFLPM) for the purpose of the summit by Coscharis Motors Ltd.

Abati in a statement issued in Abuja further explained that the agreement reached between AFLPM and Coscharis Motors, was that all the cars will be returned to the company after the summit.

He stressed that the cars for the event were provided at no cost to the organizers or the Federal Government of Nigeria.

He therefore noted that there were no facts to support the claim that the Federal Government bought the cars in question.

The statement reads: "The Presidency has noted with dismay, the utterly false and misleading claim in the lead report in today’s edition of the Daily Trust newspaper that the Federal Government has purchased 200 new “exotic” cars for the African First Ladies Summit which formally opens in Abuja tomorrow. The true facts of the matter are as follows:

“The African First Ladies Peace Mission (AFLPM) which is holding its summit in Abuja is a Non-Governmental Organisation. Its activities are funded by stakeholders and members of the private sector who support and identify with its objectives.

“In accordance with its modus operandi, the AFLPM set up several committees, including a finance committee to raise funds and sponsorship for the organization of its Abuja Summit.

“As part of its own contributions to the successful hosting of the summit by the First Lady, Dame Patience Jonathan, Coscharis Motors Ltd. offered to provide some cars for the event at no cost to the organizers or the Federal Government of Nigeria.

“Under an agreement signed by the committee and Coscharis Motors, all the cars will be returned to the company after the summit.

“As indicated in the body of the report, the editors of Daily Trust were apparently well aware that they had no facts to support the claim in their banner headline that the Federal Government bought the cars in question.

“Daily Trust admits in the report that it could not confirm if the cars were “bought outright or hired” yet it went ahead to publish the totally unsubstantiated headline claim – “FG BUYS 200 CARS FOR FIRST LADIES SUMMIT”.

“It is highly regrettable that the Editors of the Daily Trust rushed to publish a completely erroneous report, the falsity of which should have been apparent to them.

“Their very unprofessional and unethical decision to publish the unverifiable allegation can only be construed as another attempt to incite public anger against the Presidency and the Federal Government.”